U.K. Unemployment Rate Down to 8.1% in May

U.K. unemployment rate was 8.1 per cent of the economically active population, down 0.2 on the quarter. There were 2.58 million unemployed people, down 65,000 on the quarter.

The employment rate for those aged from 16 to 64 was 70.7 per cent, up 0.3 on the quarter. There were 29.35 million people in employment aged 16 and over, up 181,000 on the quarter.

The inactivity rate for those aged from 16 to 64 was 22.9 per cent, down 0.2 on the quarter. There were 9.21 million economically inactive people aged from 16 to 64, down 61,000 on the quarter.

Total pay (including bonuses) rose by 1.5 per cent on a year earlier, up 0.1 on the three months to April 2012. Regular pay (excluding bonuses) rose by 1.8 per cent on a year earlier, unchanged on the three months to April 2012.

TradingEconomics.com, UK Statistics7/18/2012 2:51:33 PM

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